£529,604
This estimated value is based upon the latest sale price for the house of £305,000 on 6 Dec 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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63 Station Road, Upminster, RM14 2SU
Phone: 01708573048
| Price Paid | Date |
|---|---|
| £305,000 | 6 Dec 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,344 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in December 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £305,000 results in an estimated price of approximately £529,604.
| 6 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.641 % | £305,000 | £224,604 | £529,604 |
The Postcode Pricing Model uses changes in average sales price within the RM11 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 101.417 % | £309,320 | £614,320 |
| 3 Month Average | 74.925 % | £228,520 | £533,520 |
| 6 Month Average | 68.336 % | £208,425 | £513,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £411,000 | £411,000 | 2 HEDINGHAM ROAD |
| 21 Aug 2023 | £303,423 | £297,950 | FLAT 38 FALKIRK COURT FALKIRK CLOSE |
| 18 Aug 2023 | £509,184 | £500,000 | 2 FALKIRK CLOSE |
| 21 Apr 2023 | £494,244 | £485,000 | 22 FALKIRK CLOSE |
| 20 Feb 2023 | £503,362 | £500,000 | 21 FALKIRK CLOSE |
This house has a floor area of 124 sq meters or 1,344 sq feet when measured on 12 Aug 2011. Using an estimated price of £529,605 means this house is valued at £4,239 per sq meter (£393 per sq foot).
The average size of a house on HEDINGHAM ROAD is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Falkirk Close | |
| Sep 2024 | Anti-social behaviour | On or near Falkirk Close | |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Somerset Gardens |
| Aug 2024 | Anti-social behaviour | On or near Somerset Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Somerset Gardens |